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Airbnb Challenger WhyHotel Scores $20M For Luxury Room Rentals

PYMNTS

With the advent of Airbnb , a number of startups have been created in its wake, with the intent of disrupting the hotel industry and encouraging new ways for people to relocate and take vacations. The company has properties in Seattle, Houston, Arlington and Tysons Corner, Virginia. WhyHotel has raised $35 million so far.

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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Coast Capital On The Innovations Driving CUs’ Digital-First Future. To get the full story, download the Tracker.

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Einride Presses The Pedal On Autonomous Delivery

PYMNTS

Sweden-based Einride , which makes autonomous delivery vehicles, has raised $25 million in fresh capital. Scant information was immediately available from Einride, which appears poised to use that capital to expand internationally and otherwise continue development of its electric Einride Pods. For instance, Kroger Co., Freight Play.

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Neiman Marcus Emerges From Chapter 11

PYMNTS

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm. The plan was approved by the U.S.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential. As PYMNTS has reported , Verizon plans to bring its 5G technology to 30 U.S. cities by the end of 2019.

Mobile 168
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Rescuing The Restaurant Business From App Decline

PYMNTS

The operative word is control. “I With DineVite, consumers and restaurants get a better deal, since the restaurants can offer a deal to customers that they are comfortable with and consumers capitalize on it. According to industry research , 70 percent of consumers use their mobile devices on their QSR/FCR food purchasing journey.

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From Energy To Telecom: 30 Big Industries Drones Could Disrupt

CB Insights

As more companies look to capitalize on these commercial opportunities, investment into the drone space continues to grow. But drones can also be ground or sea vehicles that operate autonomously. Below, check out the ways companies are harnessing drone technology for commercial purposes across industries. Conservation.